11,700 SqFt
11,700 SqFt
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 11,700 sqft
Price per Sqft $314
Subdivision Philadelphia (West)
MLS Listing ID PAPH2640534
Style Straight Thru
Abv Grd Liv Area 11,700
Year Built 2018
Annual Tax Amount $33,833
Tax Year 2026
Lot Size 4,945 Sqft
Acres 0.11
Property Sub-Type Detached
Source BRIGHT
Property Description
Constructed in 2018, the property consists of 17,100 rentable square feet and features a highly desirable unit mix of eight bi-level three-bedroom, three-bathroom units, one two-bedroom, two-and-a-half-bathroom unit, and two one-bedroom, one-and-a-half-bathroom units. The asset is currently 100% occupied and generates approximately $266,636 in annual Net Operating Income.
Located within walking distance of Drexel University, the University of Pennsylvania, Penn Medicine, and numerous major employers, the property benefits from one of Philadelphia's strongest and most resilient rental markets. With modern construction, oversized floor plans averaging 1,555 square feet, and minimal anticipated capital expenditures, 521 N 34th Street offers investors a turnkey opportunity with durable cash flow and long-term appreciation potential.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RSA5
Interior
Interior Features Kitchen - Eat-In
Hot Water Electric
Heating Other
Cooling Central A/C
Fireplace N
Heat Source Other
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Above Ground Finished SqFt 11700
Sewer Public Sewer, Private Sewer
Water Lateral Not Installed/Must Tap Off Main, Private, Public, Other
Architectural Style Straight Thru
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881812348
Ownership Fee Simple
SqFt Source 11700
Special Listing Condition Standard
Nearby Locations
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